https://www.taxtmi.com/caselaws?id=402179 The Tribunal allowed the appeal for statistical purposes, remitting the issues to the AO for further examination. The Tribunal acknowledged the genuineness of land purchase but sought clarification on evidence of agricultural activities, providing the assessee with an opportunity to substantiate income and expenses allocation. The decision reflects a fair approach in addressing the challenges related to unexplained cash deposits and the treatment of agricultural income under section 10(1). en-us Tue, 22 Dec 2020 00:00:00 +0530 Fri, 25 Dec 2020 17:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402179 The Tribunal allowed the appeal for statistical purposes, remitting the issues to the AO for further examination. The Tribunal acknowledged the genuineness of land purchase but sought clarification on evidence of agricultural activities, providing the assessee with an opportunity to substantiate income and expenses allocation. The decision reflects a fair approach in addressing the challenges related to unexplained cash deposits and the treatment of agricultural income under section 10(1). Case-Laws Income Tax Tue, 22 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402179